2005 & 2007 Pass-A-Grille Way – Sea Critters Cafe – 3,666 SF Retail

A rare opportunity to acquire a landmark restaurant property in the southernmost tip of St Pete Beach, Florida. A proven restaurant producing strong historical sales known as Sea Critters Café®. The namesake, Pass-A-Grille Beach remains one of the more highly regarded destination on Florida’s Gulf Coast.

The Asset is situated on 0.42 acres and with a gross leasable area of 3,666 sf. The restaurant underwent recent renovations which included a new capped sea wall and upgrades to both interior and exterior aesthetics, including new deck and docks 552.3’ frontage. With the property sitting directly on Pass-A-Grille, docks allow boaters access to the restaurant for waterfront dining.

The submarket has strong demographics comprised of active affluent adults with high disposable incomes. Considered the “Lynch Pin” of Pass-A-Grille, this location is unique and will continue to appreciate in value along with a strong income stream in-place.

Low vacancy spurs development as local economy and demographics support growth. Strong rental gains have attracted many investors to the St. Pete market. A competitive bidding environment is encouraging some owners to bring properties to market as prices escalate to record highs and strengthen their opportunity to achieve investment objectives.

Historic Pass-A-Grille, St Pete Beach, Florida